Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company’s assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.

ASX:NCM - Post by User

Newcrest Mining Ltd

Bullboard Posts

Comment by Wuggyon Dec 26, 2012 3:18am

340 Views

Post# 20771550

RE: RE: RE: Good Golden Pts

Are the newsletter writers still focused on juniors? Guys like Grandich (others too, just can't remember on Christmas night with too much eggnog) are warning that 97% of the penny juniors aren't even going to last the next year on their shoestring budget.

I cannot imagine a scenario where people in a crisis with prices soaring will buy penny juniors without reserves.

I think the market is about to wake up to this. In fact, it's already happening, as evidenced by the lousy attendance at those recent outlook conferences in Vancouver that I mentioned before. People just don't have the money to throw away on metaphorical slot machines. They need companies that have the goods.

Sorry for rambling. Burp. Merry Christmas and Happy New Year.

Regards

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